Cavco Industries, Inc. reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was USD 434.07 million compared to USD 559.6 million a year ago. Net income was USD 41.54 million compared to USD 74.12 million a year ago. Basic earnings per share from continuing operations was USD 4.8 compared to USD 8.32 a year ago. Diluted earnings per share from continuing operations was USD 4.76 compared to USD 8.25 a year ago.
For the six months, sales was USD 891.18 million compared to USD 1,132.2 million a year ago. Net income was USD 87.9 million compared to USD 133.72 million a year ago. Basic earnings per share from continuing operations was USD 10.15 compared to USD 15.01 a year ago. Diluted earnings per share from continuing operations was USD 10.05 compared to USD 14.88 a year ago.